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<br /> substa.�xlaitY equiv�lent mortg�ge ins�uance coverage_is not avaifa�h�,Bormwer shall pay to Lender�ach rtzanth a sum�eqt�a.!to ��.�
<br /> � ane-tw�lRla of the yeariy�uortga�lns�ance premium 6eing gafd b)�arrov.e�when tAe�nsuranse coverage tapsed oa oeas�s3 to ���
<br />::° ba in effesx.Leitd�r will croe�t.use uad retai�these payr�ents Qs a[oss reserve in lieu of mottgage insusance. IASS I'CSCNC r
<br /> L
<br /> payinenU may an t�q;er be reqtsirzd.ac the opdon of I.�ndcr.i�mortgage insuaaace covet�e(ire ffie amausit and for the peeiod ��`
<br /> ' that l�uder sequ�res)provi�Ie�by sn insurEr ripp:ov�d izy Len�r again beooangs a�raitable acd is obtained. EarraweX shali pay .
<br /> t�e prxsgi�ams mquered to ma9ntain uwttgzge ens�s�rance in effect.or to provide a loss reserve,unail th�reyuiremeat for mortgage
<br /> ` o insu.�ar.ce clt�in asx�rdattee�vith any wriite�agreems�ui 6eA�vean Borrower t�tzd Leader or.^.gp4icable!aw. Lender s�nll ve� ``'('°�
<br /> 9 Hm:,$�8to�.LeadQr ar iis ager�may make reasonable enuies ugson and ins�secti�ns of the Property. gi
<br /> •• Horrower nouce at tAe tt�e csf ar prior to an inspcetion�-peeityiag ra�sc�nable eausa for the inspection. �
<br /> 10.Cor.�natLon.'Y'he p�s of any a�`ard or cta�far damages, di�c or oonsequential.in connection with any ,�
<br /> oat�'emnation or ot�er taking of nray part of the Property,or for oom�eyance in lieu of condemnmion.aze 6ereby assigned and� :k��.<�
<br /> ` sball i�paid to Lan�_r. "
<br /> --� [n the event of a tatal taking of the Pmgerty.the prooeeds shali be applied to the sums secured by this Sesurery Insnvms�rt, .��,';
<br /> '�3 wheiher ar¢ot c{iea due.with az►y excess p�id to Borrower. In the event of a partial taldng of the Property in wluch th�fuir .
<br /> martcet vatac af the Froperc��imm�iately befare the taking is egual to ar greatcr t�m ttee amavnt o+f th��.uns�curu�bg titis - �.t
<br /> �rity lnstr+iment immediateiy befoce the ta�ng,ualess Borrower snd I.�nder ntttc�wise agree in writing, th$sums secured.by ,<
<br />',`,�r�..� tt�is Seauity I�ostnun�t�1� be nduced by th�a�unt of the pmce�ds�Ui}�i�by tr:e following fracpon: (a) the tnta! <,
<br /> °�:;; emannt of the su�s�.��?selY taefore the tatdng.divided by (b)�i�t:�hir..�arket value of the Fsoperty immediatelY --
<br /> --� �fore t�e t-� A�Lh�i'tet�ae:�i t�pai.d to Borrower. In the eveant o$��ud�€t`talceng nf.t4e Earopereyr m which die fnir �-_
<br />_ �er,fue nt�_.Rr}�.�r.ar i�y b�foie the taking is I�ss than the a�m+'.ef tlie sum5 secur�d iminediately hefore the :� -��.,
<br /> ��'`?� .us{�ag.ualess Lramc�ver aA►1.L�ader oth°,.�wise agnee iu wnting or unhss ap�rlicalil�iaw eiherwise provides,ths prosz2ds shall �,r
<br /> bz spplied tcs t�e tvm�f..�sUic3 by this Security Lns�t w�ethes or�t the sums a�ethea due. �` :
<br /> i :''•�:;
<br /> If die gmger�x iu sUandaned by Barrower.or if,after natice by I.ender to Borsower that th$condemnor offeis to matse an }''�
<br /> aweid ar s�ttt�:a clnim,for d.umages, Borroaer fails to cespond to Lender within 30 days after the date the aaace is gi�ren. �:i"'
<br /> 5;`: Lender ia authnri:r.d tn collect acd ap�ly the proc�eds.as its opuon,eiit,�r to restor.r3ion ar cepair of the F�+aperty or to t6e stsms • r�;:.
<br /> � securecl bp duu Seciu�ty Instrumen�whether o►Rat then due. �":°"�
<br /> ` Uatess Leader rmd Borrower otherwise agree in wridnE. uny applicatioa af pmceeds to pa�cipa! sl�all aot exterul or R="=
<br /> ;�; pastpone the due date of the monthly payments r�ferred to in pa�rag�phs 1 ttnd 2 or change the amount of a�sh payments. �..----
<br /> ig.Bon�n�ver Nat Rel�u.d;Farbcar�acc.6y Le�e�Nat a Wnhre�.Extension of the ume fa�r p�Yen2nt or�ificu+tian �;:...�;_
<br /> of urwrtization of the sums sacure�by this Security Instivtnent granted 5y I.cnder to s�ny succes�or in interest of Borrower aP�al!
<br /> n
<br /> � not oDcrate W relrase th:liability of�he vngi.n�l Borro�vcv ot BomNVer's successoc�in interest. Lender a!►all not be rcquirrd w �'__
<br /> ` �,�,� commencc proc�eed�ng,s ag�inst eny secccssor In intcrest ar�cfusc cQ extend time for payment or ott�rwfsc modi$r amartiwtion —
<br /> oY the sums securc� by thls Sccurity Instniment by reasan of any de7n�rn3 m34e by the ori�irc3J Borr�wer or Borrocvr.r's ����--
<br /> �;� successor in intetest. Aay forbcarrnce by Len�er in eaereising es�y nght or rr.medy shall noi be a w�iver of or precladc the
<br /> :...::.t easccisc of any rig3r ar remody. _-
<br /> ; 12.Suoccssors aad Asst�s Bovnd: Jolnt and Severnl LI�bWtyi C�18�. Tha covet�ats and agreements of tHis ��
<br /> " Security Instrrament s8alt biud and beaetit �ite succcssors and a4signs of Leader a�Bo�wer.subjec! W the pr+mvisiang af - --
<br /> ; paragraph 17. Bonrawr,e's caoenants ar�! agceernents shall be joini aud severel. Any Bortower who ca�si� this Securinf .
<br /> Instau�cm but daes nas.eu�t[e the Note: (a)is ca-signing this 3�uity Insuvment anly to martgage.g�ant and convey thnt
<br />� ' Earrmwer's iater�st In fltc Ftupecty under thc terms of this Security Instmment;@}is not persanalty obligated to pay t�a sums
<br /> se,cur.:d fsy tttis 5erudt�D�st�u.ment:aud(c)agreas that I.ender aa�any other TLnrcavrer may agr�e to extea�,ma�ity,forbeur or ::�.,;:
<br /> `�-.�' �e any aooemm•,aaMrns�vlth.te�ttnd to ihe terms of th�s Se�it;Iastramer�e or the lYatc rvithozrt that Boraower's can�en� • `': �;,•;.�.
<br /> ". '; 13..IRSUn C�tg�.s.Iff Ute louu sYxured by tllis SecutitY ins , nt is sahj�ct 2�u lacv c�hicb sets utaximum loan cl�ar�es, ::ti�:.. .
<br /> ;,''•�" co tfiat the interest or other Ioan charges c�lIere..nd or Cu•he soUecied ia coaa�etian wid�tl�e %;.; --=.
<br /> and thut Iuw•is Hnulty iatagr�„ted .:
<br /> � ]oan exceed i&e gemutted las�sit�,t�en: (a)any such toan charSe s6all be redu��.�the amowit necessatY to reduse the chnrge ,;. �
<br /> -`-� ` ta tha�itt�lnfnit;aud(b)any.su�ns atready co!lectrA fm�t Bonovvei witir�i Quc�eeded perrmtted limits will be refuaded to '•,it;��1�k` _..�
<br /> ,';%;, `•} Barrawer.�Leader muY"ch�ose w make°ehi�•ceF�,�k-b�r.•c�i�c+ug.+bapdmci�u;,�k+wed.ander tHa niaw o�-8y-rnal7nB a di�.�sx..
<br />;;�{y�rr'; payme�t ta.H4mawea. IY a refcmd r�:dnces principal, th.e reduct�c� a+tlE 6ue aeated as a pmtial Png�Ym�at tviil�nut �y : r;-".
<br />;>:;`:.. prepaym�aC+�,b;uge under the Note. .
<br /> ;.:�'i:''.`. 14._���'ea A1ty i�u�ce to&srrower psuvided for in this Se�2{tv:G;�xssrKm�hal!be Siven by delivering it ar by���iiiDiag
<br /><�%`'::r<. .f�by E�ssE c:ctaaass mait�uzili�as r{{�plicabte law requires use of another r��d.�'�s.�naPice shall be dir�cxed tu�ira Praperdy Address :.:_;::�;, �
<br /> �..,, ;,'i . � qr•amy ot�er•'pddress IIt,+t,�.�xwer designates by notice to Lender. Any aaG�s:trn:fxnder shatl be given b� fimt ctass mait to �:."_;�.:�:; .._. ,
<br /> _ < �' ' �'Ltlsder's,ndi�.ress stated bc�ein nr any.qiher address I.e�der designates 6y acr��.tr�.Bo�we�. Any notice provided for ip thi& °' �. �•,.
<br /> `+� Securty�i&iittim�at sh�ll be dc�edta•t�ave been g'►vea to Bomov�es or Lead�r.�?ten giv�n p,s�nvided in this Par��pp• � '. ;.�•,.
<br /> 1'�.,Q'��'� Ls►w; Sever�6iT333y. This Security Insuument shall �re �u�-�c��iy.Federal !aw and•tha lnw cr�.the
<br /> Jur+sdicubu m wturl�ths Pca�eriy is tocated.Tn the event t6at any provisioa�tC�r,;�aCUii��Secusiry Insuument or.'II�i�IArcte , �"�-
<br /> � confl�cts witb apglicable law.sac�conflict shall not affect othez provisions aF t�fit�.:�ewtity Instrumeni or the Nate wttft�r t�be . ---
<br /> " given effact without the conflicting provision.To this end the provisior�s cf i3��s r�ecurity Instivmeat and the Note are d�4.d' �� �
<br /> . • ' to be sevqmble. � :.. . �>•..� � .
<br /> ' � '�' 1G�;�cra�rer's Copy.Borrower sh�il be given one confosm�az,�Y oF t�Es Note and of this Sewriry I�strament:; ���.,:, ? .
<br /> ;.���.�� 17.�.'1=�raasfrr of the P�ropc�ty or a Beneficiat Inte:est in Hiinrosk�r.If all ar any part of�the Property or an}�.iiitWl'at�.l�it �
<br /> ' .� , is sold a!r ktt�n,sferted(ar if a beneficia!intes•est in Borrawer is sali•r.�pa�s,r�tn3 and Borrower is not a natuial pc�iij tv�liiupt �_-.
<br /> .• ' ��� Le�er's prior written consent, Lender may, at its option, re�u.za e�m�itt�payment in full of ull•':�ims secured by this ` �
<br /> SG A
<br />.,.:� '�' Securaty%nstrument.�Iowever.this optlon shall not be exercised is�Lendec'rC:cR�cis�is prahibited by f�1t��ys�t�w ag Qf the date �• — •
<br /> . �', of thic 5e.�U�ity Ins�sument. . '< � ' . . .
<br /> • lf K.r.�ii�r exercises dus op6on,Lender shali�ive Boaower,u«:�i aczeletation.T'n�u�tice shall provide a periud of not �.:,
<br /> .,�.; less Wari�[f�days from the date the notice !s del�vered or mailt��;tFcia wi�:h Borrower must pay all sums secured by this
<br />_ . r� Security Inswment.IP Sorrower fails co pay these sums pdor ta r�i��.�i�iiin,nt thls pertad.I.ender mny invoke any remedies �
<br /> permitted by this Secvrlry Insmunent without further notice or d�r�ttu#a�n•8a�•rer. �:
<br /> �� 13. IIorrower's ili�3 to YBelnstate. If Borrower meets cr�tuin condidons, Boaower ahall havs the ri�t to.have �
<br /> :� 1 enfora�nsnbof this 5econry instn�ment discontinued at any Nma pdor to the earlier of: (a) 5 days(or such�otUor pq'rs��sls __
<br /> � �� � � applic�'bin Is��v may specity for relnstatemeny before sale of the Property pursuant to any power of sala canttunad�.fn:Uus __
<br /> , � SeCUfity Instrumeni•or(b)entry of a judgment enforcingthls Security Instrument.Those o7nditions aro th�t,Batron�arc•(p)•pays
<br /> � }� Lender all sums�uiuch then would be�tae undcr this Security insuvment and the Note as i�no sc��lmatian•hsxf•aacum�d:(b) -_
<br /> �•. ;'% c�ures eny defa�it of any other covenants or ogre�mer►ts;(c)pays ali eapenses incvrm0 in enforcing�his Socuniiy Instrument, �
<br /> ..:�. {� including,but not limited to.reasonable attomays fees:and(d)takes such acKion as Lender may reasonEbly require to assare js±,
<br /> . -,� i that the tien of this Securlty Instrument.Lender's ri�hu in the Property and Borrower's obiigation to pay the su�ms secured by f,;'� =-_
<br /> thlc Security Inswment shtil! cont�aue unchanged. Upon reIastatem�ent by Borcower, this Security Instrument and the;y�
<br /> � f ob!}gations secured hereby sha11 remain fully effective as if no acceleration had occurred.However, this righ►to reinstate shall a;
<br /> ' not appty in the case of acceleration under paragrayh 17. �'� ,- �'
<br /> 19. 5ate o3 Ptote; Cl�ge o!Loan Scrvtter. The Note or a partis�l interest in the Note (togeth:r lvith this Security :� _
<br /> Instrument)may be soid one or more times withoat prioz nutice to Borrotiver. A sale mny resu[t in a chang�9 in th�entity(tmown ,'':: __.
<br /> as tho"E:aan Servicer")that collects monthly payments due under the I�Iote and this Securiry Instrument.T:y�mn a.isa•rniy.be one '
<br /> or mor�c►sanges of the Loan Serviss�r unrelated to a sale of the Note.IP diere is a change ot Q�s Loan Servicer,Barmti�t�r will be
<br /> given wutf�a�noticet of the chaaae in acoorda►ECe with para�ph 14 above and applicabin lt,w.'Che notioe will state tha�ust�te and n�
<br /> ���`' a�dtes�'��!•�r,e�u.I<nst�a Servicer and the address to which paycr•encs sho�I�ho made. Ti�r o�t(ce wi0�so conrain�:y other �-�-
<br />`.";•���J info�xtu;�����'�q�yai�i isp-c�S�Iicab'e law.
<br /> ��'i�v v` 2i�l;;ry"^.,•^'srdotss 5�bstaa��Bc�rrawer shal!not cxu�e c�F��r.�it 6ie��ser.c.^.,ii.e,.di.s�hszl. 3tu�4be.or teleasQ of any
<br /> ;:..�::
<br />�:'�`��: ff�.�fx�as Sabstances on or ia tlsr.• L�roperty. Bonower �tra1,1, r�:�:do, nor atlow �,�yorn:r:ise to do, at9ything affetting the
<br /> ;`,'•. � � Prop:sCS�that is in violadon of any Environmental Law.'Fhe pr.er.�ding two sentenees si� t�nt apply to the presence.use,or v`""
<br /> sictsg_on ths Pt��_t2y of sm?]I qts�.�*2ltie�of_�l�r�!m!s Sttbs?�ct's!hat?�generally recnnni�ed to he apprngriate m norn�al
<br /> residenrial uses�ctd to maintenar.cr of the Property. -"'
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<br /> vaoo a o+a iorm 3028 9/3U F F
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